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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (20065)	6/11/1998 7:22:00 AM
From: Haim R. Branisteanu	Respond to of 94695

To tread - I would not like t sound like a GOLD-BUG, but my interpretation of the gold and grain charts indicate some sort of bottom. With turmoil in SE Asia currencies and the dollar forming the right shoulder I think that the old store of value may shine again. The fundamentals are that many mines are closing due to the low price and also that most central banks already sold most of their gold. The EU is also a wild card as we are not sure how Europe will configure their reserves. It will make sense to buy gold at those depressed prices. Has W. Buffet bought silver for similar reasons?? He did not trusted fiat money - e.g stock but bought the metal itself. After the frenzy with his transaction passed it may be time to take a hard look at Silver and Gold. Myself - trading ABX, to date no complains. Was out at 19.5 two days ago and now in at 18.25. Will see. ROS is an interesting Russian play BWDIK Haim